Question
9. Holding all else equal, a loan with a longer term to maturity charges an interest rate that is ___ compared to another loan with
9. Holding all else equal, a loan with a longer term to maturity charges an interest rate that is ___ compared to another loan with a shorter term (e.g., 30 years vs. 15 years).
not different
typically lower
typically higher
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
